Monument Company (a U.S.ba5ed company) ordered a machine costing 150,000 from a foreign supplier on January 'i5, when the spot rate was $1.i9 per . A one-month forward contract was signed on that date to purchase 150,000 at a forward rate of$1.21. The forward contract is properly designated as a fair value hedge of the 150,000 firm commitment. On February 15, when the company receives the machine' the spot rate is $1.20; At what amount should Monument Company capitalize the machine on its books? Muitiple Choice $180,000 $181,500 $178,500 $25,000 0000